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Bashneft PJSOC (MIC:BANE) Cyclically Adjusted PB Ratio : 1.05 (As of Jun. 09, 2024)


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What is Bashneft PJSOC Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Bashneft PJSOC's current share price is ₽3278.00. Bashneft PJSOC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽3,107.80. Bashneft PJSOC's Cyclically Adjusted PB Ratio for today is 1.05.

The historical rank and industry rank for Bashneft PJSOC's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIC:BANE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.62   Max: 1.12
Current: 1.02

During the past years, Bashneft PJSOC's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.31. And the median was 0.62.

MIC:BANE's Cyclically Adjusted PB Ratio is ranked better than
50.61% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs MIC:BANE: 1.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bashneft PJSOC's adjusted book value per share data for the three months ended in Dec. 2023 was ₽4,898.744. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₽3,107.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bashneft PJSOC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bashneft PJSOC's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bashneft PJSOC Cyclically Adjusted PB Ratio Chart

Bashneft PJSOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.54 0.70

Bashneft PJSOC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.54 0.73 0.65 0.70

Competitive Comparison of Bashneft PJSOC's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Bashneft PJSOC's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bashneft PJSOC's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bashneft PJSOC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bashneft PJSOC's Cyclically Adjusted PB Ratio falls into.



Bashneft PJSOC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bashneft PJSOC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3278.00/3107.8
=1.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bashneft PJSOC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bashneft PJSOC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4898.744/244.6000*244.6000
=4,898.744

Current CPI (Dec. 2023) = 244.6000.

Bashneft PJSOC Quarterly Data

Book Value per Share CPI Adj_Book
201212 1,273.901 117.300 2,656.404
201303 1,337.370 119.500 2,737.412
201306 1,384.781 121.400 2,790.094
201309 1,365.330 122.800 2,719.542
201312 1,238.181 124.900 2,424.812
201403 2,038.719 127.800 3,901.961
201406 1,032.721 130.900 1,929.745
201409 1,169.646 132.700 2,155.956
201412 1,156.353 139.000 2,034.849
201503 1,223.614 149.400 2,003.320
201506 1,252.339 150.900 2,029.968
201509 1,385.975 153.500 2,208.531
201512 1,390.626 157.000 2,166.542
201603 1,487.454 160.200 2,271.106
201606 1,410.134 162.200 2,126.503
201609 1,439.546 163.300 2,156.234
201612 1,541.137 165.400 2,279.094
201703 1,592.875 167.000 2,333.037
201706 1,672.234 169.200 2,417.426
201709 1,799.014 168.200 2,616.164
201712 2,235.250 169.600 3,223.716
201803 2,318.314 171.000 3,316.138
201806 2,324.109 173.100 3,284.096
201809 2,519.776 173.900 3,544.205
201812 2,654.378 176.800 3,672.290
201903 2,790.392 179.900 3,793.940
201906 2,751.787 181.200 3,714.609
201909 2,892.720 180.800 3,913.492
201912 2,950.011 182.200 3,960.333
202003 2,973.245 184.500 3,941.765
202006 2,973.245 187.000 3,889.068
202009 2,818.891 187.400 3,679.300
202012 2,776.723 191.100 3,554.089
202103 2,821.882 195.200 3,536.026
202106 2,933.468 199.100 3,603.849
202109 3,112.934 201.300 3,782.532
202112 3,268.172 207.200 3,858.083
202306 4,295.481 238.300 4,409.042
202309 4,738.955 242.600 4,778.023
202312 4,898.744 244.600 4,898.744

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bashneft PJSOC  (MIC:BANE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bashneft PJSOC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bashneft PJSOC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bashneft PJSOC (MIC:BANE) Business Description

Industry
Traded in Other Exchanges
Address
30, Building 1, Karla Marksa Street, The city of Ufa, Republic of Bashkortostan, RUS, 450077
Bashneft PJSOC is an integrated oil company that engages in exploration and production, refining, and marketing activities. Its operational assets are located in the Russian producing regions of the Republic of Bashkortostan, Khanty-Mansiysk Autonomous Okrug, Nenets Autonomous Okrug, Orenburg Region and the Republic of Tatarstan, and also conducts geological exploration in Iraq and Myanmar. In many of its fields, Bashneft has utilized a number of geological and engineering operations, like hydraulic fracturing, to sustain production numbers. Refining and marketing (downstream) operations are also located throughout Russia.

Bashneft PJSOC (MIC:BANE) Headlines

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